June 24, 2006	Saturday	Jumadi-ul-Awwal 27, 1427

ISLAMABAD, June 23: The Central Board of Revenue (CBR) has issued special procedures for cable TV operators for payment of duty on services provided to consumers.

The procedures were notified through a Federal Excise notification by amending the Federal Excise Rules 2005.

According to the rules, every person providing or rendering services as a cable TV operator shall obtain federal excise registration form from the collector of federal excise having jurisdiction and shall pay federal excise duty leviable on the services provided or rendered by him at the rate of Rs25 per connection specified in Table-II of the First Schedule to the Act.

The cable TV operator shall charge, collect and pay federal excise duty on monthly basis through federal excise return, which shall be deposited in the designated branch of the National Bank of Pakistan by the 14th day of the month following the month in which such services were provided or rendered.

For every month, the cable TV operator shall file a return in the form FE-IV (e) under rule 49 by the 15th day of the following month to the collectorate in whose jurisdiction it is registered. No adjustment of federal excise duty or sales tax shall be admissible to the cable TV operators.

Each cable TV operator shall maintain a list of all subscribers to whom cable TV network services are provided or rendered and shall issue a bill of charges on monthly basis from a serially numbered bill book indicating the name and address of the subscriber as well as the amount charged from him.